CorVel Corporation Ratios | P/E, ROE & Valuation

On the Key Ratios page for CorVel Corporation (CRVL), the latest P/E of 31.3 frames valuation, while ROE 29.93% and ROIC 26.37% indicates profitability and capital efficiency. Together with the current ratio of 1.94 and debt-to-equity 0.07, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

CRVL Historical Per Share Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Revenue per Share$19.36$17.43$15.48$13.82$12.13$10.27$10.77$10.57$9.89$8.90
Net Income per Share$2.27$1.85$1.48$1.28$1.25$0.86$0.86$0.83$0.63$0.51
Operating Cash Flow per Share$2.96$2.48$1.93$1.58$1.26$1.75$1.47$1.39$1.10$0.89
Free Cash Flow per Share$2.24$1.78$1.36$1.08$0.70$1.43$0.88$1.12$0.61$0.36
Cash per Share$5.04$3.32$2.06$1.37$1.83$2.60$1.51$1.63$0.99$0.49
Book Value per Share$8.05$6.27$4.82$3.89$3.99$4.10$3.45$3.46$3.03$2.38
Tangible Book Value per Share$7.32$5.54$4.09$3.16$3.27$3.37$2.73$2.75$2.32$1.68
Interest Debt per Share$0.56$0.55$0.61$0.65$0.81$1.02$1.79$0.00$0.00$0.00
CAPEX per Share$0.72$0.70$0.57$0.51$0.56$0.32$0.59$0.27$0.49$0.53

CRVL Historical Valuation Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Price to Earnings (P/E)31.2860.4657.6549.6945.0339.6821.0926.4126.6628.65
Price to Book (P/B)8.7517.8717.7516.3114.088.355.276.335.566.09
Price to Sales (P/S)3.656.425.534.594.633.331.692.071.71.63
Enterprise Value to EBITDA18.2937.3235.6129.7227.0821.2412.1813.5112.8611.91
EV to Sales3.426.275.434.544.543.171.711.921.61.57
EV to Operating Cash Flow22.3444.0843.5539.6143.6818.5912.5514.5214.4115.68
EV to Free Cash Flow29.5561.2961.7458.2478.522.7520.9218.0225.9938.84
Enterprise Value$3.36B$5.61B$4.32B$3.26B$2.94B$1.75B$1.01B$1.14B$895.83M$816.07M

CRVL Historical Profitability Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Return on Equity (ROE)29.93%29.56%30.79%32.83%31.27%21.03%24.97%23.97%20.85%21.26%
Return on Invested Capital (ROIC)26.37%26.57%26.48%27.00%24.54%16.11%15.33%22.58%20.28%20.28%
Return on Tangible Assets17.67%18.71%18.28%18.65%17.63%12.01%12.57%16.79%15.27%15.14%
Earnings Yield3.23%1.65%1.73%2.01%2.22%2.52%4.74%3.79%3.75%3.49%
Free Cash Flow Yield3.17%1.59%1.59%1.70%1.25%4.19%4.85%5.14%3.62%2.49%
Dividend Yield0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

CRVL Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202520242023202220212020201920182017
Current Ratio1.941.91.641.451.551.661.561.841.671.43
Interest Coverage0000000000
Income Quality01.341.31.241.012.041.711.681.741.77
Debt to Equity0.070.090.130.170.20.250.52000
Debt to Assets4.12%5.14%6.91%8.57%10.39%12.87%23.62%0.00%0.00%0.00%
Net Debt to EBITDA-1.24-0.95-0.61-0.34-0.5-1.030.18-1.09-0.8-0.42

CRVL Historical Efficiency Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Receivables Turnover8.868.68.198.877.828.5498.358.68.25
Payables Turnover36.944.473837.2135.0934.7330.7947.4538.2729.84
Inventory Turnover0000000000
Days Sales Outstanding41.1842.4444.5741.1646.6542.7540.5343.7142.4544.22
Days Payables Outstanding9.898.219.69.8110.410.5111.857.699.5412.23
Days of Inventory on Hand0000000000

CRVL Historical Market Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Enterprise Value to EBITDA18.2937.3235.6129.7227.0821.2412.1813.5112.8611.91
Market Cap$3.59B$5.75B$4.40B$3.30B$2.99B$1.84B$998.95M$1.23B$951.60M$844.68M
Enterprise Value$3.36B$5.61B$4.32B$3.26B$2.94B$1.75B$1.01B$1.14B$895.83M$816.07M
Dividend Yield0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Payout Ratio0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

How does CorVel Corporation’s P/E ratio compare with its history?

On this page, CRVL's current P/E is 31.3, compared with a multi-year average around 38.7. A lower P/E versus its own history is a calculated gap versus that average—not a conclusion that the stock is cheap. Pair it with profitability and earnings quality in the table (for example ROE/ROIC) to see whether the multiple moved with earnings.

What is CorVel Corporation market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $3.59B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does CorVel Corporation’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with CorVel Corporation's own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does CorVel Corporation compare to its competitors in key financial ratios?

The fastest way to compare CorVel Corporation with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see CorVel Corporation outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do CorVel Corporation's liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that CorVel Corporation is financially strong. Current ratio is about 1.94, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 0.00, implying less buffer for servicing interest costs. Debt-to-equity is about 0.07, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do CorVel Corporation's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If CorVel Corporation is sustaining strong returns (for example ROE at 29.93% and ROIC at 26.37%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.